Philip Armstrong Buys 312,500 Shares of Seaboard Corp (SEB) Stock
Seaboard Corp (NYSEMKT:SEB) Director Philip Armstrong bought 312,500 shares of the stock in a transaction that occurred on Wednesday, October 11th. The stock was purchased at an average price of $0.16 per share, for a total transaction of $50,000.00.
Seaboard Corp (NYSEMKT:SEB) traded up 1.30% on Thursday, reaching $4630.00. 186 shares of the company were exchanged. The stock has a 50 day moving average of $4,440.04 and a 200 day moving average of $4,161.76. The firm has a market capitalization of $5.42 billion, a PE ratio of 16.88 and a beta of 1.24. Seaboard Corp has a 12-month low of $3,178.01 and a 12-month high of $4,643.79.
Separately, BidaskClub lowered shares of Seaboard Corp from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 3rd.
Seaboard Corp Company Profile
Seaboard Corporation is an agribusiness and transportation company. The Company is primarily engaged in pork production and processing, and ocean transportation. Its divisions include Pork, Commodity Trading and Milling, Marine, Sugar, Power, Turkey and Other. Overseas, the Company is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation.
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